Replies to post #7981 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[wadirum1]

Carpe,

I agree that investors should chill out about the shorts and just focus on the longer term. Is this a good investment and is it selling at a huge discount? I think so. If you agree, then buy more.

The volume is likely to be folks buying and selling the same shares many times over during the day. I do that sometimes, though not on this stock.

I continue to believe that a dividend would be bad business. If it is really tiny, then it is just a gimmick. Not what I like to see. A company that resorts to one gimmick might also be resorting to others. Just keep on pre-announcing amazing results and huge growth in orders and things will sort themselves out over the next 6 months.

Wadi Rum